For many miners, the stability of earnings is a top priority. However, constant market fluctuations and the increasing overall network hash rate often cause concerns about the instability of “luck” This is especially true when a mining pool goes a long time without discovering a block, putting miners at risk of income interruptions. To address this issue, ViaBTC has recently announced the support of the PPS+ payment method for KAS mining, becoming the first major mining pool to adopt this method. This move aims to provide miners with more stable and reliable earnings.
PPLNS vs. PPS+
For experienced miners, the PPLNS (Pay Per Last N Shares) and PPS+ (Pay Per Share Plus) payment methods are well-known. With PPLNS, the pool distributes revenue based on the user’s share of the pool’s total hashrate over the last N difficulty cycles whenever it discovers a valid block. Thus, the PPLNS is heavily dependent on the pool’s block discovery frequency.
In contrast, the PPS+ offers higher stability: miners are paid according to their share of hashrate based on theoretical profits, regardless of whether the pool successfully mines a block. Additionally, miner fees are distributed using the PPLNS.
This means that under the PPLNS, miners only earn profits when the pool successfully mines a block. However, under the PPS+, even if the pool has a poor luck value for the day, miners can still receive stable profits.
The high stability of payouts has made the PPS+ widely popular. Many pools have adopted the PPS+ payment method alongside the traditional PPLNS, though mostly for BTC, LTC, and similar coins. For emerging coins like KAS, most pools still only support the PPLNS payment method.
ViaBTC: Leading Innovation for More Stable Miner Profits
As a prominent mining pool in the industry, the news that ViaBTC supports the PPS+ payment method for KAS mining is undoubtedly worth celebrating. While the PPS+ brings stable earnings to miners, it also demands higher technical and financial management from the pool. If the pool’s luck remains consistently low, it might face the risk of financial losses. Historically, some small mining pools have closed because they couldn’t withstand long-term losses. However, ViaBTC, as an established and reputable mining pool, has a well-recognized payout capability, significantly reducing the risk for miners.
ViaBTC has always been proactive in innovating payment methods. The PPS+ was first adopted by ViaBTC in 2016 and quickly became one of the industry’s mainstream payment methods due to its benefits for miners’ profit distribution. Additionally, ViaBTC offers the fastest payout speed in the industry. While most mining pools issue earnings on a daily or even 2 to 3-day basis, ViaBTC’s PPS payouts can be issued hourly, and PPLNS payouts can be distributed every ten minutes, providing miners with additional peace of mind and convenience.
Currently, ViaBTC is the KAS mining pool that supports the most payment methods. According to miningpoolstats, ViaBTC supports three payment methods: PPS+, PPLNS, and SOLO, whereas most other pools support only one or two.
Source: miningpoolstats
By prioritizing stability and transparency, ViaBTC’s PPS+ payment methods ensure the reliability and sustainability of miners’ earnings, offering KAS miners a more stable and predictable source of income. KAS miners looking for a quality mining experience should check it out: https://support.viabtc.com/hc/en-us/articles/9817011438479-KAS-Mining-Supports-PPS-Payment-Method-on-ViaBTC
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